New Delhi, May 22 -- A newborn child is like a gift from nature. It brings joy, gives individuals a sense of purpose, completes a family, and adds new responsibilities to life. With education, healthcare, and day-to-day living costs rising steadily, early and thoughtful financial planning can help parents build a secure future for their child.

Founder & MD, MyMoneyMantra.com, Raj Khosla, explains this concept further, discussing how parents can plan for a bright future for their newborns.

"With a continuous rise in educational expenses, securing the financial future of their children must be the top priority of all new parents. It can be achieved by investing in SIPs for your child's education, development, and marriage. The key to the ...